Analysts at CIBC, explained that the Japanese economy has not disappointed so far during 2019 and is one factor why investors are holding long JPY positions. Key Quotes: “Japan’s economy remains slow and plodding, but no more so than had been expected at the start of the year. In fact, Japanese growth expectations have been slightly upgraded since January 1st, unlike the often large downgrades seen for others. While that hasn’t led to a pick-up in inflation, it could still see investors becoming a little more positive on the Japanese economy and related assets as growth elsewhere eases.” “Even if global uncertainties fade a little, investors could continue to hold JPY long positions which would support the currency.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Breaking: Bank of England’s Carney says Libra like reserve currency to end USD dominance FX Street 4 years Analysts at CIBC, explained that the Japanese economy has not disappointed so far during 2019 and is one factor why investors are holding long JPY positions. Key Quotes: "Japan's economy remains slow and plodding, but no more so than had been expected at the start of the year. In fact, Japanese growth expectations have been slightly upgraded since January 1st, unlike the often large downgrades seen for others. While that hasn't led to a pick-up in inflation, it could still see investors becoming a little more positive on the Japanese economy and related assets as growth elsewhere eases."… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
